Inflation helps increase remittance inflows
Disdained by most people, inflation also helps promote certain benefits like increasing remittances by overseas Filipino workers to their families back home.
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Salceda bats for cheaper ways for Filipinos to invest
A lawmaker on has underscored the need to pass a legal framework for collective investment schemes (CIS) to make it easier and cheaper for working Filipinos to invest in legitimate securities. At the recent House Committee on Economic Affairs hearing, Albay Rep. Joey Salceda said investors need to shell out significant amounts of cash to make investments in “clunky”…
SEC grants amnesty on non-filing, late filing of reports
The Securities and Exchange Commission (SEC) has opted to grant corporations and other regulated business entities an amnesty on the late and non-filing of certain reportorial requirements. On March 15 SEC issued its Memorandum Circular No. 2, Series of 2023, or the Grant of Amnesty for Non-filing and Late Filing of the General Information Sheet…
Technically speaking, trend is your friend
For an investment instrument as volatile as stocks, is it still possible to predict how stock prices will move at a given time?
DBM: MSME Programs to get P1.2B Funding Assistance Under 2023 GAA
A total of P1.2 billion will fund various government programs to boost micro, small, and medium enterprises (MSMEs) under the 2023 General Appropriations Act (GAA). These programs are part of the MSME Development Plan and other initiatives of the Department of Trade and Industry (DTI) to promote the growth of MSMEs; establishment of Negosyo Centers;…
Best Local Currency Bond Deal of the Year at the Alpha SEA 16th Annual Deal Solution Awards
In Photo (From Right to Left): Siddiq Bazarwala, CEO of Alpha Southeast Asia, awarded Eduardo V. Francisco, President of BDO Capital, the Best Local Currency Bond Deal of the Year for SMC Global Power Holdings Corporation’s corporate bonds issued in the Philippines in 2022. BDO Capital also won the Best Green Bonds of the Year for ACEN Corporation…
PH food exporters aim to widen share in MEA markets
The Philippine pavilion officially opened at Gulfood 2023 at the Dubai World Trade Center in Dubai, United Arab Emirates (UAE) on February 20. The Philippine participation in Gulfood led by the Center for International Trade Expositions and Missions (CITEM) is complemented by the Outbound Business Matching Mission (OBMM) to the Gulf Cooperation Council (GCC) countries organized by the Department of Trade and Industry (DTI), through the Export Marketing Bureau (EMB) and the Philippine Trade and Investment Center (PTIC)-Dubai.
Pag-IBIG members save record-high P39.84 B under MP2, up 54% in 2022
Pag-IBIG Fund members continue to show preference in the MP2 Savings program in 2022 as total savings reached nearly P40 billion, setting yet a new record-high for the amount saved voluntarily by members under the program in a year, its top officials said Monday (27 February).
BDO Capital encourages more Pinoys to invest in RTBs
BDO Capital & Investment Corp. (BDO Capital) encourages more Filipinos to continue supporting government-issued bonds following the rousing participation of local investors in the 29th tranche of Retail Treasury Bonds (RTBs).
Business sector calls for measures to soften inflation
MANILA – Manufacturers and retailers of key commodities are calling for the institution of creative new measures to ease price pressures as the Bangko Sentral ng Pilipinas expects last month’s inflation to likely hover around the 8.5 to 9.3 percent range.